Cinnaire announced the closing of a $211 million LIHTC Equity Fund with capital raised from 15 institutional investors. According to the press release, the fund is the largest single equity fund in Cinnaire’s 29-year history and will infuse capital investments into 25 affordable housing properties to create or preserve more than 1,900 homes in five states. Cinnaire’s 2022 Community Fund (Fund 38) raised equity from 12 repeats and three new investors.